GLMU Multi-Company General Ledger

GLMU Multi-Company is designed to allow a managing company to process G/L transactions for an unlimited number of “subsidiary” companies. GLMU is compatible with DSD APMU. They can be used together or separately.
 
The GLMU enhancement has been designed to allow a managing company to process G/L transactions for an unlimited number of “subsidiary” companies.G/L transactions may be distributed directly to other companies that have a Sage 100 ERP General Ledger database. Each line item entry contains a new Company Code field. This new field defaults to the Current Company. It may be changed to any other company that has been setup for inter-company processing.When an inter-company distribution is made, a transaction is written to the other company’s Daily Transaction File. For each transaction distributed to another company, a corresponding amount is posted to both companies’ Inter-company Offset Accounts, in order to keep each of those General Ledgers in balance. A pair of Inter-company Offset Accounts must be set up in advance for each company that will have inter-company processing.

During line entry for an inter-company distribution, the General Ledger Account format, and the List Mode feature reflects the Chart of Accounts and the number format for the subsidiary company.

Inter-company Allocations are available in General Journal Line Entry, Recurring Journal Entry, Transaction Journal Entry, in Standard Journals, and in Allocation Maintenance.